AN INTERDISCIPLINARY SYSTEMATIC LITERATURE REVIEW: VALUATION AND PRIORITISATION IN EVERYDAY LIFE ACROSS ECONOMICS, BIOLOGY, AND BEHAVIORAL SCIENCE
Abstract
Decision-making in everyday life requires individuals to continuously assign value to available options and prioritize among competing alternatives. The processes of valuation and prioritisation have been widely examined across disciplines such as economics, biology, and behavioral science, each providing unique perspectives on how people evaluate choices and allocate limited resources including time, effort, and attention. This systematic literature review integrates insights from these fields to develop a comprehensive understanding of everyday decision-making.
The review synthesizes both theoretical and empirical research to examine the influence of rational economic models, evolutionary mechanisms, and cognitive biases on human decision-making. It explores how these interdisciplinary perspectives complement one another in explaining the complex interactions between individual preferences, environmental conditions, and behavioral responses.
The findings indicate that valuation is not solely a rational process but is significantly shaped by biological constraints, environmental influences, and psychological tendencies. The paper highlights areas of convergence across disciplines while identifying important research gaps, particularly in understanding decision-making within real-world contexts. The study concludes by emphasizing the value of interdisciplinary approaches for advancing future research on human behavior and decision science.
Authors
Dr. Gurpreet Kaur, Vimal Singh, Vishal Kumar, Raja Babu, Ritesh
Institution
Noida Institute of Engineering & Technology (MCA Institute), Greater Noida, India
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